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Polar Star Mining Corporation and Iron Creek Capital Corp. are pleased to announce that they have agreed in principle to merge the two companies via a statutory amalgamation, plan of arrangement or similar shareholder approved transaction (the “Transaction”), which will result in Polar Star acquiring all of the outstanding common shares of Iron Creek.
In the world of a constantly changing oil and gas environment, the Montney shale basin is the sleeping giant that holds the key to accelerating Canada’s shale oil and gas boom, but the real treasure within this giant is a tight liquids-rich zone (approximately 15-20 miles wide) that has big and small players alike narrowing their focus for the potential of a giant payout.
The drill results from the Howse iron ore deposit near Schefferville, QC, are positive with grades in the 65% range. The deposit is the target of a $5-million exploration program mounted by joint venture partners Labrador Iron Mines and Tata Steel.
Humber College's Borys Chylinski selected as a Canadian runner up for the James Dyson Award for his Skorpion compact underground drill carrier.
No going back to clubby system of tightly controlled global supply and set prices that served North American and European producers so well in the past.
This July, after two years at the helm of the world’s largest gold miner, Jamie Sokalsky stepped down as President and CEO of Barrick.
Since that cataclysmic event a cloud has hung over little Likely, a village of perhaps 350 huddled at the top of Quesnel Lake, 600 kilometres north of Vancouver.
Vancouver-junior focused on Yellow Giant property in British Columbia.
80.3% of the B2Gold shareholders voted 99.9% in favour.
Vale’s companywide nickel production in the second quarter of 2014 was 61,600 tonnes, an 8.6% drop from the first quarter and 5.3% fall from the year-ago period.
Anglo American is putting its Peace River metallurgical coal operation on care and maintenance. Operations at the Trend mine will cease at the end of 2014.
Westhaven hunts for bonanza grade gold on its Shovelnose gold property.
Dundee Sustainable Technologies (DST) has successfully pilot tested its environmentally friendly gold process, achieving a high recovery rate without the use of cyanide or mercury.
Around 8:30 p.m. CST Thursday, the last 3 miners who had taken refuge in safety stations at the Allan mine were brought to the surface after 24 hours underground.
Jeff Killeen, mining analyst with CIBC World Markets offers his insight and hands-on perspective on several developers and producers with near-term catalysts.
Company says the agreement will provide additional resources to transition quickly into the construction phase of the project.
The essence of a term contract is that the price is being set in the spot market. Now this poses a question for price discovery mechanism – is the spot market an accurate reflection of the total market preferences?
The game of interaction between buyers and sellers of the diamond market is peculiar and inefficient.
A government inspection to the Mount Polley mine last week found waste was still leaking from its breached tailing dam facility.
Diamond deposits, in the words of one senior geologist, are like pigeons. Where you find one, you're likely to find an entire flock.
The government of Canada's British Columbia, has hit the pause button on a high-grade anthracite coal mine proposed by Fortune Minerals Limited in the northwest part of the province.
One of the two tailings thickeners experienced rake failure last Friday.
The all-share deal that guarantees Taseko access to the advanced-stage Florence copper project.
Vancouver’s Monument Mining (TSX-V:MMY) has entered into an agreement to purchase 100% of the Tuckanarra gold project in Western Australia.
The latest battleground for U.S. President Barack Obama’s so-called war on coal isn’t even in the lower 48 states. It’s across the border in British Columbia.
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